Compound Planning Inc. Grows Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Compound Planning Inc. boosted its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 247.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 12,010 shares of the company’s stock after acquiring an additional 8,553 shares during the quarter. Compound Planning Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,539,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWP. Wells Fargo & Company MN lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock worth $725,672,000 after acquiring an additional 69,999 shares in the last quarter. First Command Advisory Services Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after purchasing an additional 284,943 shares during the last quarter. LPL Financial LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 6.6% during the 4th quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock valued at $358,303,000 after purchasing an additional 161,336 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 1.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock valued at $350,422,000 after purchasing an additional 26,620 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 0.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock valued at $336,554,000 after purchasing an additional 12,105 shares in the last quarter. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 1.2%

Shares of IWP opened at $136.73 on Friday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $146.64. The firm has a market cap of $19.78 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. The stock has a 50 day moving average of $140.84 and a 200-day moving average of $137.14.

About iShares Russell Mid-Cap Growth ETF

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.